Which of the following costs should not be included in product costs for internal management reports that are used for decision-making? A) Costs of unit-level activities. B) Costs of batch-level activities. C) Costs of product-level activities.D) Costs of organization-sustaining activities.

Answers

Answer 1

Answer:

D. Costs of Organisation Sustaining activities

Explanation:

Product costs simply represents costs that relevant or incurrred during the creation of a product and specifically these costs include apportioned factory overhead, direct materials, direct labour and direct production supplies.

One simple way of understanding product costs is that it represents those costs incurred that can be apportioned or traced to specific production processes at: the unit level, batch level or the product level of production activities.

Cost of Organization-sustaining activities is not a part of these product specific costs because they represent activity costs that benefits an entire organisation but cannot be traced to any specific production process or activity. Example of this cost includes the cost of Corporate Social Responsibility to a particular community or the cost of financial statements preparation. As such these costs must not be included in preparing product costs fo internal management reports.

Answer 2
Final answer:

Organization-sustaining costs activities are the costs that should not be included in product costs for internal management reports used for decision-making.

Explanation:

The costs of organization-sustaining activities should not be included in product costs for internal management reports used for decision-making.


Organization-sustaining activities refer to costs that are incurred to support the overall operations of the organization and are not directly related to the production of specific products.

Examples of such costs could be the salaries of top-level executives, rent for general office space, and general administrative expenses.

Product costs for internal management reports should only include costs that are directly related to the production of the specific products, such as costs of unit-level activities, batch-level activities, and product-level activities.

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Related Questions

Using the following national income accounting data, compute (a) GDP, (b) NDP, and (c) NI. All figures are in billions.Category - ValueCompensation of employees - $194.2U.S. exports of goods and services - 17.8Consumption of fixed capital - 11.8Government purchases - 59.4Taxes on production and imports - 14.4Net private domestic investment - 52.1Transfer payments - 13.9U.S. imports of goods and services - 16.5Personal taxes - 40.5Net foreign income - 2.2Personal consumption expenditures - 219.1Statistical discrepancy - 0Instructions: Round your answers to one decimal place.

Answers

Answer:

a. $343.7 billion

b.  $331.9 billion

c. $334.1 billion

Explanation:

The computation is shown below:

a. For GDP

GDP = Personal consumption expenditures + Government purchases + Net private domestic investment + Consumption of fixed capital + net exports

where,

Net exports = U.S. exports of goods and services - U.S. imports of goods and services

= $17.8 - $16.5

= $1.3 billion

So, the GDP would be

= $219.1 + $59.4 + $52.1 + $11.8 + $1.3

= $343.7 billion

b. For NDP

NDP = GDP - Consumption of fixed capital or depreciation

        = $343.7 - $11.8

        = $331.9 billion

c. For NI

NI = GDP + Net foreign income

    = $331.9 billion + 2.2 billion

    = $334.1 billion

All values are in billions

         

Final answer:

To compute GDP, add up the given components. To find NDP, subtract consumption of fixed capital from GDP. To find NI, subtract taxes on production and imports from NDP and add net foreign income.

Explanation:

To compute GDP, we need to add up the following components:

Compensation of employees: $194.2BU.S. exports of goods and services: $17.8BConsumption of fixed capital: $11.8BGovernment purchases: $59.4BTaxes on production and imports: $14.4BNet private domestic investment: $52.1BTransfer payments: $13.9BU.S. imports of goods and services: $16.5B

Adding these components together gives us: $194.2B + $17.8B + $11.8B + $59.4B + $14.4B + $52.1B + $13.9B - $16.5B = $346.1B

This is the value of GDP.

To calculate NDP, we need to subtract consumption of fixed capital from GDP. So, NDP = GDP - Consumption of fixed capital = $346.1B - $11.8B = $334.3B

Finally, to compute NI, we need to subtract taxes on production and imports from NDP and add net foreign income: NI = NDP - Taxes on production and imports + Net foreign income = $334.3B - $14.4B + $2.2B = $322.1B

Belarus has a comparative advantage in the production of linen, but Russia has an absolute advantage in the production of linen. If these two countries decide to tradeA. Belarus should export linen to Russia.B. Russia should export linen to Belarus.C. For these two countries, trading linen would be a "stand-off" so they should trade another product.D. Without additional information about Russia, this question cannot be answered.

Answers

Answer:

A. Belarus should export linen to Russia

Explanation:

A country has comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.

A country has absolute advantage in the production of goods and services when it produces more quantity of goods and services when compared with other countries.

A country should produce goods for which it has comparative advantage in its production because cost of production is lower when compared with other countries.

Russia should stop producing linen because it doesn't have comparative advantage in its production and Belarus should export linen to Russia

A recent news story reported that OPEC is expected to decrease the supply of oil next summer. Summer is traditionally a time of increased demand for oil because of the many families driving and flying to vacation sites. What would be the combined effect of these two events on the summer market for gasoline?
a. an increase in the price and an unpredictable change in the quantity
b. an unpredictable change in both the price and the quantity
c. an unpredictable change in the price and a decrease in the quantity
d. an increase in the price and the quantity

Answers

Answer:

Option "A" is the correct answer to the following statement.

Explanation:

A current news article reported that next year, OPEC is expected to reduce oil supply.

Summer is typically a period of higher demand for oil owing to the many families traveling and going to the holiday sites.

Then it is a price increase and an unexpected amount shift.

The up-sloping demand curve, where there is little incentive to sell for increased prices, is moved to the right, since more vendors are willing to supply at a lower price, allowing volumes to increase for a particular price.

The elements required to begin the ____ process are a planning methodology; a policy environment to enable the planning process; an understanding of the causes and effects of core precursor activities, and access to financial and other resources.

Answers

Answer: Contingency Planning

Explanation:

 The contingency planning is one of the type process for establishing the various types of programmes approach, objective and the procedure.

The main objective of the contingency planning is that it helps in protecting the various types of resources and also reduce the inconvenience of the consumer in this type of methodology.

 According to the given question, the contingency planning is the one of the type of environmental policy that enables the planning process for properly understanding the various types of effects and the causes of the financial resources.

 Therefore, Contingency Planning is the correct answer.

Which of the following is the principle of management dedicated to the structuring of resources to support the accomplishment of objectives? a. organization b. controlling c. leading d. planning

Answers

Answer:

a. organization

Explanation:

There are basic five principal of Management:

PlanningOrganization.ControllingleadingStaffing

These basic five principal make an average manager to a successful manager.

Planning in management play a vital role as it is about choosing the right process and active objective of organization.

Organization is about structuring of resources and managing relationship with worker to acchieve organization´s goal.

Leading is about inspiring and motivating others in the organization to make vision of organization realistic and achievable.

Staffing is about recuiting and allocating right person at a right job.

Controlling is about evaluating the process and goal of organization.

26. As mentioned in the text, managers in companies, with no foreign operations of any kind still need a global perspective, for all of the following reasons except:

Answers

Answer:

Enable them to be productive as well as effective leaders across different  political and cultures systems.

Explanation:

Global perspective is something which someone could think regarding a situation as it related to the rest of the world or economy. It is that the person or an individual have a thinking or a perspective which relates to the world.

So, the managers with no operations of foreign of any type, still require a global perspective except which enable them to be productive leaders across the different cultures as well as political systems.

NOTE: Text is missing, but I am providing the direct answer.

C) Complying with local laws and regulations within their home country, as this is not directly related to having a global perspective.

Even for managers in companies without foreign operations, a global perspective is crucial. It helps them understand the global factors that affect local markets and allows them to anticipate and react to international trends. The reasons include:

Understanding international competition that could impact their market.Learning global best practices and innovations.Meeting diverse customer expectations influenced by global trends.Managing supply chains that have global components.Recruiting and training employees with a global mindset.

The only exception would be if they focus solely on domestic issues and ignore global influences, which could be detrimental in the long run.

Complete Question:

Managers in companies with no foreign operations of any kind still need a global perspective for all of the following reasons except:

A) Understanding international market trends that could impact domestic business.

B) Navigating global supply chain issues that affect product availability.

C) Complying with local laws and regulations within their home country.

D) Recognizing the competitive landscape influenced by international firms.

Nolan can mow 10 lawns per day or trim 20 bushes per day. Meanwhile, John can mow 12 lawns in a day or trim 16 bushes per day. Which of the following is true?
a. Nolan has an absolute advantage over John in terms of mowing lawns
b. John has a comparative advantage over Nolan in terms of mowing lawns
c. John's opportunity cost of mowing one lawn is trimming 3/4 of a bush
d. Nolan's opportunity cost of trimming one bush is mowing 2 lawns

Answers

Answer:

Answer is B John has a comparative advantage over Nolan in terms of mowing lawns because John can mow 12 lawns in 1 day while Nolan can mow 10 lawns in 1 day. so it is better for John to mow land and Nolan to trim bushes because Nolan can trim more bushes than John.

DesignIt!, a fashion company, has plans to be the sales leader in women's fashion. To achieve this goal the CEO has analyzed the current situation and determined objectives and resources. What planning activities still need to be completed? A. anticipate the future, decide on actions, and choose a business strategyB. organizingC. figureheadD. disturbance handler

Answers

Answer: (A) Anticipate the future, decide on actions, and choose a business strategy

Explanation:

According to the given question, a fashion company or organization planning for selling the leaders in the Women's fashion.

For achieving the various types of goals the CEO analyzing the present situation properly and determining the main resources and the objectives.

 In an organization, choosing the various types of business strategies, anticipating the future and also decide on the given actions are the palling activities that is still needed for completing.

 Therefore, Option (A) is correct answer.

Final answer:

To complete their planning process, the CEO still needs to anticipate the future, make decisions on actions to be taken, and choose a business strategy.

Explanation:

In the situation given, the CEO of DesignIt, a fashion company, has already analyzed the current situation and determined objectives and resources. To complete the planning process, the CEO needs to further anticipate the future, decide on actions, and choose a business strategy. Anticipating the future includes market research, forecasts, and industry trends to better understand upcoming opportunities or threats. Deciding on actions involves determining the specific steps the company needs to take to reach the set objectives. Finally, choosing a business strategy refers to making major decisions that shape the company's business model and competitive positioning in the fashion industry.

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In a multi-step Income Statement:
A. Total expenses are subtracted from total revenues.
B. Gross profit (margin) is shown as a separate item.
C. Cost of sales and operating expense are subtracted from total revenues.
D. Other income is added to revenue from sales.

Answers

Answer: B.

Explanation: The multi-step income statement is ultimately used in determining Net Income which is calculated by separately determining :

1. Gross profit( Net sales - cost of goods sold)

2. Operating income( Operating expenses - Gross profit)

3. Operating income combined with non - operating revenue, losses, profit and expenses to obtain the net income or loss.

Conclusively, Gross profit(margin) will be calculated separately, which then be used to obtain the operating income.

Final answer:

A multi-step Income Statement includes subtracting total expenses from revenues, showing gross profit as a separate item, subtracting cost of sales and operating expense from total revenues, and adding other income to revenue from sales.

Explanation:

In a multi-step Income Statement, all the options mentioned are correct elements and steps involved. A. Total expenses including operating expenses and cost of goods sold are subtracted from total revenues to calculate the net income. B. Gross profit (or margin) which is calculated as total revenues minus cost of sales, is shown as a separate item. C. Cost of sales and operating expense are subtracted from total revenues to get to operating profit. D. Other income is added to revenue from sales (part of total revenues) to give a full representation of the company's total income. Hence, a multi-step income statement provides a more detailed view on various revenue and expense sources.

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This document summarizes why the project is important by describing the benefits of a selected component, and is used as a basis for authorizing further project management activities:_______.a. program management planb. business casec. SWOT analysisd. guiding principle

Answers

Answer:

B. Business Case

Explanation:

The program management plan is a document that updates the progress of any project. So, option A is wrong.

SWOT analysis provides the internal and external strengths and opportunities of any corporation. So, this is also incorrect.

The guiding principle gives a company to adhere to the rules and responsibilities. Therefore, it is not correct.

The business case summarizes the project by describing the benefits of a selected component. It also emphasizes to initiate a project. So, it is the right answer.

Final answer:

A business case is the document that describes the benefits of a project component, providing the basis for authorizing further management activities, including a cost/benefit analysis, and aligning with overall strategy to ensure the project's success.

Explanation:

The document in question that summarizes why a project is important by describing the benefits of a selected component, and is used as a basis for authorizing further project management activities is called a business case. A business case outlines the justification for undertaking a project or task. It is the assessment of the full lifecycle of a project including a cost/benefit analysis and typically includes the reasons why the project is needed and expected to be profitable or beneficial.

Forming a solid business case can include a detailed decision making process, considering constraints and criteria for the project, and understanding the audience it is intended to serve. This enables stakeholders to make informed decisions regarding the project's feasibility and potential for success. Moreover, it sets the foundation for additional elements such as program management and ensures alignment with the overall strategy.

A successful business case plays a crucial role in obtaining the necessary approvals and funding to move a project forward. The investment of effort in crafting a thorough and persuasive business case can lead to more effective project management and ultimately a more successful outcome.

Which of the following questions is inappropriate on an internal control questionnaire concerning purchase transactions?

A. Are an approved purchase requisition and a signed purchase order required for each purchase?
B. Are intact cash receipts deposited daily in the bank?
C. Are prenumbered purchase orders and receiving reports used and accounted for?
D. Are all goods received in a centralized receiving department and counted, inspected, and compared with purchase orders on receipt?

Answers

The question that is in appropriate is that are intact cash receipts deposited daily in the bank?

Explanation:

In a company before performing the audit the document that is provided to the employers of the company before the audit is the internal control questionnaire

Intact cash receipts can be deposited daily in the bank and there will be major need for a company to deposit the money in the bank and hence this question is inappropriate

Jeff Semenchuk, chief innovation officer for Hyatt hotels, is deciding how to check in customers who have iPads? He is thinking about installing self-service kiosks in nearly 500 hotels.

Answers

Answer:

Following situation is a example of "Planning"

Explanation:

Planning is the method of focusing on the actions required to achieve a specific goal. Achieving expected results is the first and probably most important task. It involves creating and maintaining a plan, such as practical aspects that require conceptual competencies.

Planning is also a strategic mechanism that is associated with identifying expectations for the strategic direction of an organization and deciding the tasks and tools for achieving those goals. Managers can create strategies for achieving goals, including a marketing plan or a strategic plan.

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1- What are the two primary ways you can make tax payments?

2- What is one other way you can pay?

3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?



Answers

Answer:

What are the two primary ways you can make tax payments? You can make tax payments by having it set up to be automatically withdrawn from your bank account, or you can pay your taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.

What is one other way you can pay? The other way to pay your taxes is to have your refund directly sent to them until your balance is paid in full.

3- If you can’t pay immediately, what is one course of action you can take? What are the criteria?

Again, one course of action to pay your taxes is to have your refund directly sent to bureau that you owe. The criteria is that you get penalized and the state can charge you extra interest rate fees if not paid by a certain time

Explanation:

1. The two primary ways of making tax payments by having it set up to be automatically withdrawn from our bank account, or we can pay our taxes directly by sending in a check or calling to set up a payment arrangement on the taxes owed.

What is a tax?

A tax is a sum of money that a government requires people to pay based on their income, the value of their property, and other factors, and that is used to pay for government services.

Another option for paying our taxes is to have our refund sent directly to them until your balance is paid in full.

If we are unable to pay our taxes immediately, one option is to have your refund sent directly to the bureau that we owe. If we do not pay by a certain date, we will be penalized, and the state may charge us additional interest rates.

Therefore, automatic withdrawal of tax and sending a check or payment reminder are the primary ways for tax payments.

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_____ tends to appear in specialized trade publications or professional journals, in direct-mail pieces sent to businesses, or in trade shows.

Answers

Answer: The correct answer is "business advertising".

Explanation: Business advertising tends to appear in specialized trade publications or professional journals, in direct-mail pieces sent to businesses, or in trade shows.

Through business advertising, companies seek to reach people who can potentially buy or specify goods and services for business use.

Over the past five years, Teen Clothing stock produced returns of 18.7, 5.8, 7.9, 10.8, and 11.6 percent,respectively. For the same five years, the risk-free rate 5.2, 3.4, 2.8, 3.4, and 3.9 percent, respectively.What is the arithmetic average risk premium on Teen Clothing stock for this time period?A. 6.89 percentB. 7.01 percentC. 7.22 percentD. 7.34 percentE. 7.57 percent

Answers

Answer:

The correct answer is  C. 7.22 percent

Explanation:

To find the arithmetic risk premium for the 5 year period, the formula is

Average risk premium for the period =  Sum of risk premium for each year /  number of years = ∑ra(i) - rf(i) / n

ra = asset or investment return / 100

rf = risk free return / 100

Where i represents each year.

Sum of risk premium for each year = (0.187 - 0.052) + (0.058 - 0.034) + (0.079 - 0.028) + (0.108 - 0.034) + (0.116 - 0.039) = 0.361

Average risk premium = 0.361 / 5 = 0.0722 = 7.22 / 100 = 7.22 percent

Researchers must submit their research proposal to an ______ review board that evaluates the ethical nature of research conducted at their college or university.

Answers

Answer: Institutional

Explanation:

The Institutional Review Board (IRB) is an administrative body created to protect the rights and welfare of human research subjects recruited to take part in research activities conducted under the auspices of the institution with which it is affiliated.

Final answer:

Researchers are required to submit their proposals to an Institutional Review Board (IRB), a committee that oversees the ethical aspects of research involving human subjects to protect their rights and well-being.

Explanation:

Researchers must submit their research proposal to an Institutional Review Board (IRB) that evaluates the ethical nature of research conducted at their college or university. IRBs are vital in protecting the rights and well-being of human participants in research. Comprising a committee of administrators, scientists, and community members, IRBs review and approve research proposals to ensure they are ethically sound. Additionally, IRBs assess potential conflicts of interest and emotional distress caused to subjects. The existence of IRBs is a result of historical developments aimed at preventing unethical research practices.

The CEO of Ridgeway, Inc., realizes that the company’s survival depends on developing and acquiringknowledge. Which of the following actions by the CEO would be most consistent with this need?
a.ensuring that all current unique knowledge of the firm is protected by patents
b.planning extensive employee training and recruiting programs
c.investing in sophisticated databases in relevant knowledge areas
d.establishing a system of organizational intelligence gathering

Answers

Answer:

The correct answer is B

Explanation:

When the company want that their employees, need to have the knowledge and develop their knowledge as well, they need to arrange or conduct the program of the training as well as programs of the recruiting.

As the CEO, realizes and states that the firm or the business survival grounded on the acquiring as well as the developing the knowledge. So, in order to follow what the CEO said, one must go through the proper training as well as the programs of the recruiting.

A​ society's institutional mechanism for determining the way in which scarce resources are used to satisfy human desires refers to its A. macroeconomics. B. economy. C. economic infrastructure. D. economic system.

Answers

Answer:

D. economic system.

Explanation:

An economic system is the way governments organize, regulate and distribute their physical resources, services, and goods in a region or country. They can be based on traditions, organized according to command, where the central organization is the market and mixed systems that combine elements of the traditional command or market systems.

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Space travel is expensive! For their trip to the Moon, the Apollo astronauts' living quarters were only 213 cubic feet (that's smaller than a typical small bathroom in a house). How many dollar bills could fit in there?

Answers

Answer:

5341288

Explanation:

Data provided in the question:

Volume of the living quarters = 213 cubic feet

Now,

The dimensions of the US dollar bills are

width = 2.61 inches

Length = 6.14 inches

Thickness = 0.0043 inches

Thus,

Volume of a single dollar bill = 2.61 × 6.14 × 0.0043

= 0.06890922 cubic inches

Also,

Volume of quarter in cubic inches = 213 × 12³  

[ ∵ 1 ft = 12 inches  ; 1 ft³ = 12³ cubic inches]

Thus,

Volume of quarter in cubic inches = 368064 cubic inches.

Thus,

Number of dollar bills that can fit in there

= [ Volume of quarter in cubic inches ] ÷ Volume of a single dollar bill

= 368064 ÷ 0.06890922

= 5341288.15 ≈ 5341288

Final answer:

To answer how many dollar bills could fit in the Apollo astronauts' living quarters of 213 cubic feet, we calculate the volume of a dollar bill and find that approximately 5,412,000 bills could theoretically fit in that space, ignoring real-world constraints in stacking.

Explanation:

The student is asking about a volume calculation problem. To determine how many dollar bills could fit in a space of 213 cubic feet, we need the dimensions of a dollar bill. A US dollar bill measures 2.61 inches by 6.14 inches and is 0.0043 inches thick. Therefore, the volume of a single dollar bill is approximately 0.068 cubic inches. To find out how many dollar bills can fit in the astronauts' living quarters, we convert the volume from cubic feet to cubic inches since the bill measurements are in inches (there are 1,728 cubic inches in a cubic foot). So, 213 cubic feet equals 368,064 cubic inches. Now, we divide the total available volume by the volume of a single dollar bill: 368,064 cubic inches ÷ 0.068 cubic inches equals approximately 5,412,000 dollar bills that could theoretically fit in the 213 cubic feet space.

However, this calculation ignores practical constraints such as the way the bills would need to be stacked without any wasted space, which is unrealistic in practice. Therefore, the actual number that could fit would be somewhat less, but this gives us a theoretical maximum.

In a job interview, Lillian is asked to be part of a three-member group and design a mock business process based on the strengths and skills of the group's members. In this case, which of the following skills is the interviewer trying to test?
Collaboration

Answers

Answer:

collaboration skills

Explanation:

In human resources, collaboration skills refer to how a group of people work together in pursuit of a common goal.

Collaboration is important because people always work together, even people that work at home must interact with other coworkers (even if they are in another place). If an individual is brilliant and extremely efficient, but cannot work as part of a team, then he/she cannot work in a company.

You do not have to like your coworkers, but you have to respect them and work as a team to reach a common goal.

your vessel is is in distress and the order was given to abandon ship .if you must enter the water which of the following would aide in preventign hypothermia?

Answers

Answer: The heat escape lessening posture (HELP)

Explanation: Hypothermia is the effect of long immersion in cold water thereby losing body heat faster.

The heat escape lessening posture helps to combats hypothermia and can be a lifesaver to people in cold water.

The huddle position can also help in preserving the body heat especially when there are two or more people in the water at the same time. Making sure they huddle together keeps them warm.

Final answer:

To prevent hypothermia when abandoning a ship into the water, remove wet clothing, put on insulating layers that slow heat transfer, and stay active to generate body heat. Insulating layers like wetsuits are crucial in these situations. Also, keeping hydrated is important during the survival process.

Explanation:

If a vessel is in distress and the order has been given to abandon ship, to prevent hypothermia after entering the water, it is essential that you use materials designed to slow the heat transfer rate, or thermal insulation. To combat hypothermia effectively, one must remove wet clothing immediately, redress in warm materials, and attempt to maintain physical movement to generate body heat. These measures are critical because they contribute to retaining the body's heat, which is crucial for survival in cold water situations. Additionally, it is important to understand that heat escapes the body through conduction, convection, and radiation, following the Second Law of Thermodynamics. Wearing insulating layers, such as a wetsuit or drysuit, can provide vital protection against the cold. Furthermore, staying hydrated is crucial during any survival situation.

Consumer behavior can best be defined as the study of the processes individuals, groups, or organizations go through in order to _______________

Answers

Answer:

Consumer behavior can be best defined as the study of the processes individuals, groups, or organizations go through in order to make buying decisions.

Explanation:

Consumer behavior is the study that analyzes the behavior of any consumer, be it individual, groups, or organizations, that they exhibit while going through the process of buying behavior. It is used to study the tastes and preferences of the consumer and thus make their products in accordance with the needs and demands of the consumer.

Final answer:

Consumer behavior is the study of how individuals, groups, or organizations make choices to satisfy their needs by selecting, securing, and disposing of products, services, experiences, or ideas. It encompasses understanding the decision-making processes of buyers and the factors that influence their choices.

Explanation:

Consumer behavior can be defined as the study of the processes individuals, groups, or organizations go through in order to select, secure, and dispose of products, services, experiences, or ideas to satisfy their needs. It involves understanding the decision-making processes of buyers, the factors that influence their choices, and the impacts that these processes have on consumers and society. Consumer behavior is a multidisciplinary field that draws from psychology, sociology, marketing, economics, and other disciplines to gain insights into consumer motivations and behaviors.

A clause in an international contract that designates which nation’s court has jurisdiction to hear a case arising out of the contract is called a ________.

Answers

Answer:

Jurisdiction Clause

Explanation:

Jurisdiction clause is a clause in the agreement between two nations as to which country's court can hear any cases that occurs from the agreement.

This means that if for example, France and Germany have an agreement on a certain issue, let's say watch business, France and German will then decide which country's court(maybe French court or German court) can hear any issue that arises from the watch business ; but not the two.

Cheers.

Answer:

A Jurisdiction Clause

Explanation:

A clause in an international contract that designates which country's court has jurisdiction to hear a case arising out of the contract is called a jurisdiction clause.

International contracts between parties usually involve more than one country as the various parties might come from different countries. In situations such as this, it is reasonable to know beforehand, which country's courts should hear cases that arise from disputes regarding the contract. Jurisdiction clause saves time and money in the event of disputes that tend to arise from such contracts.

Jurisdiction clauses can either be exclusive or non-exclusive.

Exclusive; only the court listed on the jurisdiction clause can hear a case.

Non-exclusive; in this instance, the court listed can hear the case as well as other courts.

foolproof talks in depth about the important of your credit score when it comes to your budget and your savings

Answers

Answer:

Credit scores shows an individual's credit worthiness to lenders.

Explanation:

When it comes to savings and budget, credit scores shows an individual's credit worthiness to lenders. Credit worthiness are given consideration by financial institution,, when an individual wants to apply for a loan or mortgage.

Answer:

the other person is correct

Explanation:

Which of the following refers to private, company-owned social media, software, platforms, or apps specially designed for use by business leaders and employees to fulfill the strategic mission_____________.

Answers

Answer:

enterprise social

Explanation:

Enterprise social networks (ESN) refer to an internal privately owned social network that includes only the members of an organization. E.g. a F@cebook only for people that work on F@cebook.

The purpose of having an enterprise social network is to improve communication and networking among the organization's members. ESN were popular a few years ago, but lately they have been set aside and they lost a lot popularity. People are too busy on their normal social networks to also have to worry about their work social networks. The only exception to this failure is probably Wh@tsapp that continues to be extremely popular within work groups.

If the price of good X rises and the demand for good X is elastic, then the percentage __________ in quantity demanded is __________ the percentage rise in price, and total revenue __________.a. fall; greater than; risesb. fall; less than; fallsc. fall; equal to; remains constantd. rise; greater than; fallse. fall; greater than; falls

Answers

Answer:

e. fall; greater than; falls

Explanation:

Demand is price elastic if a small change in price has a greater effect on the quantity demanded. The coefficient of elasticity is usually greater than one which indicates that the percentage change in quantity demanded is greater than the percentage change in price.

Elasticity of demand = percentage change in quantity demanded/ percentage change in price

If demand is elastic, an increase in price leads to a fall in quantity demanded and total revenue falls.

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All of the following are conditions of an exchange except:_______.
a. each party is free to accept or reject the exchange offer.
b. each party has something that might be of value to the other party.
c. money is the medium of exchange.

Answers

Answer:

c. money is the medium of exchange.

Explanation:

For an exchange of goods and services to take place, each party must fully be contented that the products in exchange are the desired ones. No one should be forced to accept or reject the exchange offer. Indeed, it is a necessary condition each party has something that might be of value to the other party. However, when it comes to the medium of exchange, money is not the only medium of exchange, people can exchange goods directly without using money, and they can also use valued items such as gold and diamond. The correct answer is C.

Assume Metro Corporation had a net income of $2,400 for the year ending December 2018. Its beginning and ending total assets were $30,000 and $19,000, respectively. Calculate Metro's return on assets (ROA). (Round your percentage answer to two decimal places.)
A. 12.63%
B. 4.9%
C. 8%
D. 9.8%

Answers

Answer:

9.8%

Explanation:

The return on assets ratio( ROA ) measures the efficiently in which a business manages its assets to generate profits during a period.

The formula for calculating Return on assets is as follows.

return of asset ratio = Net income/ Average Total Assets x 100

For metro corporation:

net income: $ 2,400

Average total assets : = $30,000 +$19,000/2

                                    =$24,500

ROA=  $2400/$24500x100

=0.098 x100

=9.8%

The owner of a used car dealership and his business had been under investigation by the IRS for several months because of suspected fraudulent tax returns. In addition, a police detective who had been investigating a stolen car ring uncovered evidence indicating that the car dealer might be a part of the ring. The detective went to the car lot and found evidence indicating that the ring was operating through there. The car dealer then agreed to accompany the detective to the station to make a statement on the evidence. On the way he voluntarily informed the detective about the fraudulently filed tax returns, because he believed that by revealing these facts he might receive a lighter sentence for his involvement in the stolen car ring.At his trial for filing false tax returns, the car dealer's attorney moved to exclude the statement he made. The best argument for admitting the statement is that:

Answers

Answer:

The best argument for admitting the statement is that: the statement was volunteered by the car dealer.

You are the owner of a small catering company and have recently hired a skilled baker to complement your staff. When business is slow, however, you need the baker to help prepare other kinds of foods. Some of the processes (like deboning fish and preparing soup stock) are complicated and require detailed training. What style should you use under these circumstances?

A. Style 1
B. Style 2
C. Style 3
D. Style 4

Answers

Answer: Style 1 should be used

Explanation: Because this is a directing approach. it is high directive and low supportive. It focuses on communication for goal achievement and is less supporting.

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